The mandate of the Long-Term Utility Financial Plan Working Group (the Working Group) is to provide input relating to the Long-Term Utility Financial Plan regarding the utility rate structure, pricing objectives and recommended utility rates which will be brought to Regional Council for approval in 2022 and 2023.
Region of Peel staff will complete a report summarizing the findings and recommendations made by the Working Group and will present to Regional Council:
The Working Group will provide input relating to the utility rate structure at key points throughout the project.
The Working Group will meet once per year, with additional meetings to be scheduled if needed.
Quorum will consist of the majority of total number of members on the Working Group, where one shall be a member of Council.
The meetings will be presided over by the Director, Operations Support and General Manager, Water/Wastewater. All meetings will be held virtually via Microsoft Teams.
Staff will complete a report summarizing the findings and recommendations made by the Working Group and will present to Regional Council at key milestone dates:
The term of appointment for all elected members of the Working Group shall coincide with the term of appointment of the Chair and Vice-Chair of the Public Works section of Regional Council.
Non-elected members of the Working Group shall be appointed for a term ending upon completion of the mandate of the Working Group or at the end of the current term of Council, whichever comes first.
The Working Group will be supported by the Public Works staff including the responsibility for developing meeting agenda items, preparing presentation materials, scheduling meeting rooms and recording meeting minutes. Clerkâs secretariat support is not required for the Working Group.